Thursday, May 6, 2010

Futures Will Probably Selloff All Night

I think it is going to be one of those nights that we saw so often in 2008. Get ready for some deep red futures in the morning. Europe ain't gonna save us, they will just pour lighter fluid on the fire.

4 comments:

Anonymous said...

See either this selloff was made up by GS and friends (to get cheap shares) or this is the start of a real crash due to reason not known to the public (major bank failure ?). Anyway - futures are not really selling off and be ready for a huge pop if job # tmrw are good. This could the perfect excuse for the bullz to create the short squeeze of the century !

Petsamo said...

If I weren't 100% long, I'd deploy all cash and buy in. There's no justification for selloffs this intense. Greece is old news.

Anonymous said...

Pet ... this is not about Greece only. This is about domino effect in European financial markets - not so sure we get a rebound from here ! Jammy.

Anonymous said...

i agree i got long at lows and now expect them to reverse this and run it up bigtime..fooling the bears ..futures unexpectedly r up..GREEN wow didnt see that coming..